US stock futures close lower Tuesday: S&P 500 down 0.22%, Nasdaq 100 down 0.38%

The small-cap Russell 2000 underperforming the large-cap benchmarks points to a risk-off tilt concentrated in the more domestically geared, rate-sensitive end of the market rather than an across-the-board selloff. The modest scale of the moves matters too — this reads as positioning and drift in futures rather than a conviction repricing. For crypto and RWA watchers, the takeaway is the familiar correlation channel: tech-heavy Nasdaq weakness tends to travel alongside digital-asset sentiment. Whether the Russell's relative softness persists into the cash session is the open question.